Recently declined for an auto loan by NavyFed. 7.59% pre-approval from PenFed on a 72 month term. Questions.
Recently declined for an auto loan by NavyFed. 7.59% pre-approval from PenFed on a 72 month term. Questions. 700+ credit score. I think I was declined due to how young my NavyFed account is (< a week old). Is this APR THAT bad in the current climate? Shopping around for a new car. submitted by /u/unteth